Banks, AL Employment - Median Household Income, Unemployment Rate

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F

22%

Income/capita NAT. AVG.

27%

Household income NAT. AVG.

235%

Unemployment NAT. AVG.

Index	Banks	Alabama	National
Income per capita	$35,122	$36,385	$44,883
Median household income	$59,278	$66,002	$81,333
Median income owner occupied	$75,215	$82,217	$106,172
Median income renter occupied	$45,709	$38,646	$52,080
Median earnings male	$50,533	$49,826	$54,343
Median earnings female	$42,002	$33,733	$38,439
Unemployment rate	16.4%	5.0%	4.9%
Poverty level	21.1%	18.4%	15.1%

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Homes For Sale In Banks, AL

4648 County Road 6618

Banks, AL

6353 AL Highway 93

Banks, AL

887 Highway 239

Midway, AL

Key findings

The income per capita in Banks is 22% lower than the national average
The median household income in Banks is 27% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Banks is 235% higher than the national average
The poverty level in Banks is 39% higher than the national average

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am i middle class

$39,514 $59,278 $118,556

City

$43,996 $66,002 $132,004

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Banks median earnings by income bracket

Banks employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	78.1%	78.1%
Financial & insurance services	3.1%	3.1%
Wholesale & retail services	9.4%	9.4%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	0.0%	0.0%
Other	9.4%	9.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Troy, AL	19,684	$52,387	35.6%
Brundidge, AL	2,500	$51,349	36.9%
Ariton, AL	750	$44,286	45.5%
Clio, AL	1,063	$33,388	58.9%
Banks, AL	177	$59,278	27.1%

Cities with similar population

City	Population	Household Income	National Avg.
Riverview, AL	177	$49,579	39.0%
East Nicolaus, CA	177	$100,312	23.3%
Viola, DE	177	$127,881	57.2%
Fidelis, FL	177	$98,514	21.1%
Fidelity, IL	177	$42,014	48.3%
Banks, AL	177	$59,278	27.1%

Source: The Banks, AL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.